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November 27, 2014

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Use of stolen debit, credit cards catches up with Las Vegas man

A Las Vegas man faces up to 12 years in prison after he was found guilty on Monday of illegally obtaining and using thousands of credit and debit card numbers, according to Daniel Bogden, U.S. attorney for Nevada.

Ryan Masters, 28, was convicted on felony charges that included one count of conspiracy, four counts of possession of 15 or more counterfeit or unauthorized access devices, one count of aggravated identity theft and criminal forfeiture.

Evidence presented by the government during the trial indicated that from May 2010 to April 2012 Masters purchased stolen credit, debit and gift card account numbers from a person in Pakistan, Bogden said. Masters also used computer software to predict gift card numbers issued by companies, and spent the money before the owners could receive them.

Masters also obtained stolen customer records from hotels in Las Vegas that included credit card numbers. He then used the stolen card accounts to purchase electronics and other goods, which he later resold at a profit.

Sentencing for Masters is scheduled for Feb. 25. He faces up to a $250,000 fine and 12 years in prison.

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